Business and Market
Why Is Toul Kork District First Choice for Residential Living?
Toul Kork is one of Phnom Penh’s districts known as the most popular area for residence after Boeung Keng Kang and Chamkarmon district. Among the 10 communes of the district, two main communes, Boeung Kak I and Boeung Kak II, are most popular for residence with good infrastructures, especially the 3 main business roads: St. […]
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Urbanland Announces Chankiri Palm Creek Expansion & New Community Mall on NR2
Award-winning real estate developer Urbanland has announced the expansion of its borey project masterplan, Chankiri Palm Creek, along with the development of a community mall to serve local residents and visitors to the area. Chankiri Palm Creek, located on NR2 and just off Hun Sen Boulevard, has proven popular, with 85% sold and a limited […]
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Prince Bank Provides 100% Home Loan for Samraong Village Project
Prince Huan Yu Real Estate Group and Prince Bank have signed a new partnership agreement to provide a 100% home loan to Samraong Village project homebuyers with flexible payment options and a low-interest rate of 6.8% for up to a 25-year period. According to Prince Huan Yu Real Estate Group, Samraong Village is their first […]
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Golden Portugal Opportunity With Golden Gate Global
Isaford Immigration is thrilled to announce in Cambodia a new partnership between Golden Gate Global and EQTY Capital offering the permanent residency program in Portugal through real estate investment and opening a path to a citizenship in Europe for families around the world. With the EQTY partnership, GGG is expanding its range of services with […]
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Construction materials import value up by 20% in first 8 months of 2021
During the first eight months of 2021, the import value of all goods to Cambodia (except gold) was recorded at US$14.6 billion, an increase of 26.7% compared to the same period last year, while the construction materials import value also jumped by 23.7% y-o-y. According to a report from the Ministry of Economy and Finance, […]
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NagaWorld Reopens for COVID-19 Vaccinated Guests
NagaWorld Casino has reopened to COVID-19 vaccinated guests. The reopening comes after the giant casino in central Phnom Penh temporarily closed in April due to the February 20 Community Incident. NagaCorp said its subsidiary NagaWorld reopened on 15 September with permission from Cambodia’s Ministry of Health. With the service resuming, NagaWorld has set up a […]
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Taiwan to Assist in Modernising Cambodia’s Construction Sector Through Latest Innovations
Taiwan’s Commerce Development Research Institute (CDRI), an institute funded by Taiwan’s Ministry of Economic Affairs, has unveiled plans to enter Cambodia’s construction market through its renowned Wow! Taiwan campaign. This large-scale marketing program intends to help connect Taiwanese businesses to local ones, as well as to assist in bringing products, technologies, and innovative services into […]
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Taiwanese Firms Seek Distribution Partners for Innovative Construction Products in Cambodia
Taiwan’s Commerce Development Research Institute (CDRI), an institute funded by Taiwan’s Ministry of Economic Affairs, is seeking business partners in Cambodia to import and distribute a wide range of high-quality innovative construction products and services from Taiwan to Cambodia. Seeking business partners and distributors in Cambodia is part of Wow! Taiwan, a CDRI overseas marketing […]
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Impacts of China’s Evergrande Crisis on Cambodia’s Property Market
Since one of China’s largest property developers Evergrande Group is facing a financial crisis, many analysts have been calculating the impacts not only within China itself but also other foreign countries dependent on Chinese investment. Cambodia is among those whose property market is largely reliant on Chinese investment. Will the Evergrande incident burst the property […]
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MPWT Requests the US to Provide Technical Support & Invest More in Infrastructure Sector
The Minister of Public Works and Transport HE Sun Chanthol has requested the United States to assist in three major areas to help enhance the infrastructure sector in Cambodia. The proposal was made during a meeting between HE Sun Chanthol and US Ambassador to Cambodia HE Patrick Murphy on 29 September. HE Sun Chanthol urged […]
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